Mexico: Market for Calcium Ammonium Nitrate (CAN) 2025

Market Size for Calcium Ammonium Nitrate (CAN) in Mexico

The Mexican calcium ammonium nitrate (CAN) market surged to $X in 2021, growing by 312% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Calcium Ammonium Nitrate (CAN)

Exports from Mexico

In 2019, shipments abroad of calcium ammonium nitrate (CAN) decreased by 0% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports faced a precipitous descent. The growth pace was the most rapid in 2017 with an increase of 284% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2019, the exports remained at a lower figure.

In value terms, calcium ammonium nitrate (CAN) exports amounted to $X in 2019. Overall, exports faced a dramatic slump. The growth pace was the most rapid in 2017 with an increase of 45% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2019, the exports remained at a lower figure.

Exports by Country

Belize (X tons) was the main destination for calcium ammonium nitrate (CAN) exports from Mexico, with a approx. 100% share of total exports.

From 2013 to 2019, the average annual growth rate of volume to Belize amounted to -73.9%.

From 2013 to 2019, the average annual growth rate of value to Belize amounted to -48.5%.

Export Prices by Country

In 2019, the average calcium ammonium nitrate (CAN) export price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price decreased by -62.1%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2019, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Belize.

From 2013 to 2019, the rate of growth in terms of prices for Belize amounted to +97.8% per year.

Imports of Calcium Ammonium Nitrate (CAN)

Imports into Mexico

In 2021, approx. X tons of calcium ammonium nitrate (CAN) were imported into Mexico; with an increase of 206% on the year before. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2015 with an increase of 337%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, calcium ammonium nitrate (CAN) imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Ukraine (X tons) and Belgium (X tons) were the main suppliers of calcium ammonium nitrate (CAN) imports to Mexico, with a combined 55% share of total imports. Germany and Russia lagged somewhat behind, together comprising a further 3%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +86.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of calcium ammonium nitrate (CAN) to Mexico, comprising 37% of total imports. The second position in the ranking was taken by Ukraine ($X), with an 11% share of total imports. It was followed by Belgium, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands stood at +42.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+20.8% per year) and Belgium (+11.4% per year).

Import Prices by Country

The average calcium ammonium nitrate (CAN) import price stood at $X per ton in 2021, increasing by 68% against the previous year. Over the period under review, the import price, however, showed a mild contraction. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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